Weak demand, lower cost, DBP price volatility

In April, DBP prices fluctuated and fell

 

PVA 1788 (PVA BP17)

According to the data monitoring of business agency, the price of DBP fluctuated and fell in April, and the overall DBP market weakened. As of April 30, the price of DBP was 10050 yuan / ton, down 6.94% from 10800 yuan / ton on April 1 at the beginning of the month. In April, the price of DBP fell and the plasticizer Market weakened.

 

In April, the price of n-butanol fluctuated and fell

 

According to the price monitoring of business society, the price of n-butanol fell in April, and the market of n-butanol fell. On April 30, the price of n-butanol was 9166.67 yuan / ton, down 4.18% from 9566.67 yuan / ton on April 1 at the beginning of the month. In April, the price of n-butanol in Shandong fell violently, the cost of DBP decreased, and the downward pressure of DBP increased.

 

The price of phthalic anhydride continued to fall in April

 

PVA

According to the price monitoring of business society, the market of phthalic anhydride continued to decline in April, and the price of phthalic anhydride fluctuated and fell. As of April 30, the price of phthalic anhydride was 8137.50 yuan / ton, down 6.87% from 8737.50 yuan / ton on April 1. In April, the price of phthalic anhydride continued to decline in March, the operation of downstream plasticizer manufacturers was low, the demand for phthalic anhydride was insufficient, and the price of phthalic anhydride fell. The cost of DBP raw materials decreased, the cost support of DBP weakened, and the downward pressure of DBP increased.

 

Future expectations

 

According to the DBP data analyst of business agency, the plasticizer industry chain started to operate at a low level in April, the supply and demand of plasticizer market were weak, the epidemic control was strengthened, the downstream construction continued to decline, and the demand for plasticizer decreased by nearly half. In terms of raw materials, the price of n-butanol fluctuated and fell, the price of phthalic anhydride continued to decline, the price of raw materials fell, the cost of plasticizer DBP fell, and the price of DBP fell. Generally speaking, the supply and demand of DBP industrial chain are both weak, the cost of DBP is reduced, the demand is low, the downward pressure of DBP is increased, and the price of DBP is expected to fluctuate and fall in the future. However, after May Day, the replenishment of downstream customers increased, and the DBP price may rise briefly.

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